Sanjeev Sanyal, Member, PMEAC, says “generally speaking, the economy is in good nick. The game really is not whether the numbers are good now and whether or not we can compound it over 25 years if we want to be a developed country. The real issue is not whether we are generating good numbers now. … Read more
“India is now a growth market. We are coming out of a phase from 2018 to 2022 when the economy was not really growing. Now, with the help of government‘s impetus on infrastructure, on manufacturing, the economy is picking up,” says Aditya Shah, Founder, Hercules Advisors.Typically investors look at stocks that are going to give … Read more
Prime Minister Narendra Modi addresses a public meeting in Raipur on Friday. He inaugurated and laid the foundation stones of eight projects worth around ₹7,600 crore in Chhattisgarh. | Photo Credit: ANI Prime Minister Narendra Modi departed Uttar Pradesh for Telangana early on July 8 after concluding a whirlwind visit during which he took part … Read more
Union Minister Nitin Gadkari and IIM-K Director Debashis Chatterjee during the virtual inauguration of management development programme on ‘Infrastructure development at IIM-Kozhikode on Monday. | Photo Credit: Special Arrangement Union Minister for Road Transport and Highways Nitin Gadkari has said that innovation, research, and technology were to shape the future of infrastructure sector and help … Read more
The Kerala Infrastructure Investment Fund Board (KIIFB) is planning to mobilise up to ₹1,000 crore through domestic green bond issue for financing infrastructure projects. KIIFB has invited a request for proposal (RfP) for the appointment of merchant bank/arranger for the proposed fund mobilisation. Green bonds are used to finance environment-friendly projects. According to RfP floated … Read more
“India is in the midst of a major Infrastructure upgrade. Massive urbanization and industrial expansion will usher millions out of poverty and expand the middle class,” says Shiv Sehgal, President & Head, Nuvama Capital Markets. In an interview with ETMarkets, Sehgal said: “India’s rapid urbanization and China +1 goal to become a manufacturing powerhouse and … Read more
by Raj Sivaraju India’s healthcare sector has undergone massive digital transformations in recent years. The pandemic pushed healthcare providers to strengthen their digital infrastructure and continue serving customers even remotely. To make the most of these emerging digital means, healthcare institutions are increasingly adopting new-age technologies like AI, ML, and IoT. Riding the digital wave … Read more
Mumbai: Adani Enterprises, the flagship company of the Adani Group, said on Thursday that its fiscal fourth quarter net profit more than doubled from a year earlier, driven by strong performance at its roads business. Sequentially, the profit fell 12% due to higher finance costs and operating expenses. The company, which acts as an incubator … Read more
Union Minister of State for External Affairs V. Muraleedharan speaks in Rajya Sabha on the first day of the second phase of the Budget session of the Parliament, in New Delhi on March 13. | Photo Credit: ANI The government on March 16 said it is aware of China funding infrastructure projects including in ports, … Read more
The budget initiatives toward capital expenditure to boost urban infrastructure, housing, and transport sectors are expected to give a fillip to capital goods, industrials, metals, and cement stocks. Analysts anticipate infrastructure-led companies to see the benefits of the budget proposals in the second half of the next financial year and drive the re-rating of these … Read more